#BusinessPick

Apple Inc (AAPL.O) has told its suppliers to speed up iPhone development after China’s strict COVID-19 lockdowns hampered the schedule for at least one of the new phones, ...

Amazon.com Inc (AMZN.O) faces 14 investor resolutions challenging its policies at its annual shareholder meeting on Wednesday, a record for the retail and cloud computing giant, as socially minded ...

US sportswear maker Nike (NKE.N) has not renewed agreements with its largest franchisee in Russia, the Vedomosti daily reported on Wednesday, marking the latest exit by a major US ...

Ralph Lauren Corp (RL.N) on Tuesday forecast higher sales and improved margins for the year as demand for its luxury clothing and accessories from its biggest markets in North ...

Snap Inc’s (SNAP.N) shares plunged nearly 40 per cent on Tuesday after a profit warning from the Snapchat parent signalled tough times ahead for the once-booming digital ad industry, ...

Cyprus Chamber of Commerce (Keve) vice president Andreas Demetriades on Tuesday called on the government and political parties to unite in order to best deal with the challenges posed by ...

A European Commission official on Monday urged the Cypriot authorities to proceed with the implementation of Cyprus’ National Recovery and Resilience plan, warning that Cyprus risks losing EU funds in ...

The world is facing a major oil supply crunch as most companies are afraid to invest in the sector as they face green energy pressures, the head of Saudi Aramco ...

US and European stocks rallied on Monday, with the S&P 500 (.SPX) for the moment moving away from a bear market, while the euro leapt after the European Central ...

Toyota Motor Corp (7203.T) will cut its global production plan by about 100,000 to roughly 850,000 vehicles in June due to the semiconductor shortage, it said on Tuesday. The company did not ...

The number of investment institutions increased from 257 in December 2021 to 273 in March 2022, according to a report on Monday published by the Central Bank of Cyprus (CBC). Moreover, for the same ...

With COVID-19 lockdowns normalising home delivery of everything from fast food to aspirin, brewers are tapping into a lucrative new sales format – delivering cold beer on demand to consumers still ...

India must establish rules on cryptocurrencies to resolve regulatory uncertainty, protect investors and boost its crypto sector, CoinSwitch CEO Ashish Singhal said on Sunday. Although India’s central bank has ...

Hyundai Motor Group said on Sunday it would invest an additional $5 billion in the United States by 2025 to strengthen collaboration with US firms in advanced technology. The investments, announced during ...

Chipmaker Broadcom Inc (AVGO.O) is in talks to acquire cloud service provider VMware Inc (VMW.N), people familiar with the matter told Reuters. Negotiations between Broadcom and VMware are ...

Drugmaker AstraZeneca (AZN.L) said on Monday its COVID-19 vaccine, Vaxzevria, has been approved in the European Union by the bloc’s drugs regulator as a third-dose booster in adults ...

Tether, the world’s largest stablecoin, said on Thursday it has boosted its holdings of US government debt while cutting exposure to riskier assets, the first look at its reserves ...

Stablecoins, the safe and strait-laced cousins of crypto, are looking distinctly dicey. Tether, USDC and others lost their prized pegs to the dollar last week in a bout of market ...

The 10-minute home loan – at the tap of a smartphone screen – is emerging as the next frontier in Australian banking as rising interest rates quash a pandemic-fuelled property boom, eating ...

BMW (BMWG.DE) is exploring new investments in solar, geothermal and hydrogen energy to lower its dependence on natural gas, the carmaker’s production chief told Reuters on Monday, warning ...

Elon Musk’s rejection of environmental, social and corporate governance (ESG) scores as a “scam” highlights how Wall Street’s hottest investment trend that encompasses some $35 trillion in assets means ...

Russia will sooner or later legalise cryptocurrencies as a means of payment, Industry and Trade Minister Denis Manturov said on Wednesday, suggesting that the government and central bank may be ...

Renault (RENA.PA) unveiled on Thursday a prototype hydrogen fuel cell-powered sports utility vehicle (SUV), as the French carmaker scrambles to catch up with rivals in the race to cleaner ...

The Cyprus Shipping Chamber (CSC) on Friday announced that it welcomes the positions adopted by the Environment Committee (ENVI) of the European Parliament regarding the revision of the EU Emissions ...